Loanworks Commissions

Loanworks Commissions

Loanworks Technologies
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About

Comissio is an insurance-specific commission management platform that centralizes, automates, and streamlines the entire lifecycle of insurance commission processing, tracking, and reporting so agencies can replace manual spreadsheets and fragmented tools with one cloud-based system. It supports single and multi-carrier processing, handles new and recurring commission runs in a single batch, and lets users set customized pay codes, schedules, and hierarchies for agents with varying commission structures. It automates commission calculations, adjustments, and chargebacks, creates ACH files for direct commission payments, and provides real-time dashboards and reporting to improve visibility into beginning balances, advances, recoveries, and ending agent balances. Designed for health, life, and accident insurance businesses, Comissio helps reduce human error, expedite payouts, and simplify complex hierarchies and reconciliation by consolidating data.

About

An aggregator’s business is built on relationships. And commission payment is one of the most important interactions between you and your brokers. It needs to be a smooth, efficient, error-free process. But it can be difficult to keep track of multiple brokers and lenders on different commission structures. Manipulating and validating data from various lender files, processing and distributing commission payments to various recipients – all of this is time-consuming, expensive and open to error. You need a solution that handles it all automatically, keeps up with the changing needs of your business and doesn’t involve massive investment in labor. But it has to be built on an intimate knowledge of the aggregator business model – not only the mechanics of payment but also detailed, up-to-date knowledge of the ever-changing compliance environment.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Insurance agencies, carriers, FMOs, and finance teams that want a dedicated platform to automate, track, and report commission calculations and payouts accurately

Audience

Anyone searching for a commissions processing system

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

$249 per month
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Comissio
United States
comissio.com

Company Information

Loanworks Technologies
Founded: 1998
Australia
www.loanworks.com.au

Alternatives

Alternatives

CommissionCalc

CommissionCalc

Flaum Technologies
Commissionly Tracker

Commissionly Tracker

Commissionly
Salesforce Spiff

Salesforce Spiff

Salesforce

Categories

Categories

Commission Features

Affiliate Management
Agency Commission
Commission Calculations
Commission Scheduling
Commission Tracking
Compliance Management
Flat Commissions
Incentive Programs
Multi-Tiered Commissions
Percentage Commissions
Sliding Scale Commissions
Split Commissions

Integrations

No info available.

Integrations

No info available.
Claim Comissio and update features and information
Claim Comissio and update features and information
Claim Loanworks Commissions and update features and information
Claim Loanworks Commissions and update features and information